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Conflict of Interest


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Thank you for your reply. We are in Florida and the Statute 720 has this provision:-

720 303 .(12) COMPENSATION PROHIBITED.—A director, officer, or committee member of

the association may not directly receive any salary or compensation from the

association for the performance of duties as a director, officer, or committee member

and may not in any other way benefit financially from service to the association.

To retain the management company is an obvious financial benefit for this Director so that if

she has the OPTION to recuse under RRO, I think it may be she MUST recuse herself under 720. Perhaps a member from Florida could respond.

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